HKMC Annuity guarantees fixed income for life – is it a good deal?
This month, HKMC Annuity Limited, a wholly owned subsidiary of the HKSAR Government’s own Hong Kong Mortgage Corporation, closes its first subscription […]
Category: Personal finance
Vanguard sets 1,800 ETFs’ trading costs to zero today: Time to move all your money over?
About a month ago, Vanguard surprised clients and investment advisors (of which I am both) with the announcement that starting in August […]
Earning less than 2.5% on cash? Higher rates from bank deposits and bond ETFs
The US Federal reserve has been raising interest rates slowly but steadily over the past 18 months so far, but many banks […]
How much should I put in a 529 college savings plan each year?
529 college savings plans have no hard and fixed annual contribution limits, unlike IRA, HSA, 401(k), or many other US tax-deferred accounts. […]
How to save $1,000,000 in an IRA by age 59 1/2 on a few hundred per month
One of the biggest complaints I hear about US Individual Retirement Accounts (IRAs) is that the maximum contribution limits are too low […]
How to have over $1,000,000 in MPF by age 40
If you have worked as a professional in Hong Kong since the first MPF scheme was launched in December 2000, and contributed […]
List of Foreign Universities on the US DoE list, for 529 Plans
529 plans are one of the best US tax-advantaged vehicles for college savings. While 529 plans are sponsored by a US state, […]
Why I recommend Utah as the best 529 plan for US taxpayers living overseas
529 plans are a US tax shelter providing 100% tax-free treatment of investment gains if used for qualifying educational expenses. 529 plans […]
Comparing Travel Insurance: HSBC vs Aimviva Travel Club
Those who know me know I enjoy shopping for insurance far more than most people, so it should be no surprise I […]
MPF vs ORSO: How to Decide, How Much to Put In
When starting a new job in Hong Kong, some employers offer new employees the choice of MPF vs ORSO for retirement savings. […]